Now, Reliance Jio set to launch its own cryptocurrency JioCoin: Report

[bestindia]

Mumbai: With the growing trend of virtual currency worldwide, telecom giant Reliance Jio Infocomm Ltd is expected to create its own cryptocurrency, JioCoin.

With Mukesh Ambani’s elder son Akash Ambani spearheading the JioCoin project, Reliance Jio is likely to build a 50-member team of young professionals to work on blockchain technology, which can also be used to develop applications such as smart contracts and supply chain management logistics.

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